Thursday, June 09, 2016

Shell Canada Surrenders Oil-drilling Rights in Arctic for Marine Park

Oil giant Shell Canada on Wednesday gave up its offshore oil drilling rights in the Canadian Arctic to add to a nationally protected marine park for whales and numerous other mammals and birds.Shell Canada turned over its permits to the Nature Conservancy of Canada, which sent them to the Canadian government.

EL Kaos UT

The UN has imposed a 2013 deadline for the submission of scientific claims to the Arctic seabed. It is the precursor to a resource boom which would see Canada, the US, Russia, Norway and Greenland all attempt to exploit the region's resources.